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Trades about 91% below its sector, cheaper than its peers on earnings.
International Conveyors Limited (ICL), along with its affiliated entities, specializes in the worldwide manufacturing and distribution of PVC conveyor belting solutions. The company's business activities are structured across four main divisions: Conveyor Belting, Wind Energy, Trading Goods, and Investment. ICL supplies specialized fire-resistant and anti-static conveyor belts, designed for transporting diverse materials including coal, potash, phosphate, fertilizers, clay, gypsum, and salt, as well as for applications within the timber industry. Beyond its own production, the company also engages in the trade of ply and steel cord conveyor belts, along with associated fittings and accessories. Furthermore, ICL is involved in generating wind power through its windmills, possessing a combined installed capacity of 4.65 megawatts. Its investment portfolio includes equity instruments, mutual funds, and inter-corporate deposits. Founded in 1973, International Conveyors Limited is headquartered in Kolkata, India.
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